As decision-makers from all 32 NFL teams have descended on Indianapolis for the scouting combine, the offseason trade market is starting to pick up steam heading into the beginning of the new league year in March.
The state of Florida is the current home for many potential trade targets given the roster composition for the Jacksonville Jaguars and a new regime for the Miami Dolphins looking to remake the roster the way they want.
Per ESPN’s Dan Graziano, Jaguars wide receiver Brian Thomas Jr. is someone opposing teams are “monitoring” right now even though there has been no indication that Jacksonville is looking to move him.
As for the Dolphins, Graziano noted the “sense” right now is they view Jaylen Waddle and De’Von Achane as potential building blocks for new head coach Jeff Hafley.
Achane would seem to be the more readily available trade target of the two Dolphins players by virtue of positional value and him going into the final year of his rookie deal, but Graziano noted the club seems “far more likely” to extend his contract.
Waddle is probably the most difficult of these three players to move because of the financial ramifications of his contract. The Dolphins would take a $23.2 million dead cap hit and lose $11.6 million in cap space if they trade him before June 1.
Another issue is the Dolphins have already released Tyreek Hill and they need pass-catchers to help out whoever their quarterback is going to be in 2026. After Waddle, the other receivers currently on their roster are Malik Washington, Theo Wease Jr. and Tahj Washington.
Thomas would be an incredible change-of-scenery candidate after a disappointing second season with the Jaguars. He caught 48 passes for 707 yards and two touchdowns in 2025 after putting up 1,282 yards and seven touchdowns as a rookie.
There were rumors leading up to the in-season trade deadline that the Jaguars were listening to calls for Thomas, though nothing came out of that. Head coach Liam Coen told reporters after their season ended that he “100 percent” expects Thomas will be a big part of their offense in 2026.
It wouldn’t necessarily be smart business to trade Thomas coming off a down year, but there is the potential for an overcrowded pass-catcher room in Jacksonville entering next season.
Jakobi Meyers played so well after being acquired from the Las Vegas Raiders that he earned a three-year, $60 million extension from Jacksonville in December. Parker Washington had a breakout year with 847 yards and five touchdowns.
Travis Hunter is expected to remain a two-way player in 2026 after injuries cut his rookie year short, but he reportedly is going to start out as a full-time cornerback and part-time wide receiver.
The Jaguars don’t have a first-round draft pick right now after trading up to select Hunter No. 2 overall last year. Thomas, even after a less-than-stellar 2025, still has enough value as a 23-year-old with two more guaranteed years plus a fifth-year option on his rookie contract to bring back a first-round pick in a trade.
Even if the Jaguars don’t necessarily want to shop Thomas around, it’s easy to envision a scenario where multiple teams at least try to present them with an offer at a time when they have a lot of quality receivers on the roster.
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